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Business Developments & Projects

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Business & FinanceExploration & ProductionAlternative FuelsClean FuelFossil EnergyLiquefied Natural GasLNGOil & GasOther FuelsDecommissioningSubseaAuthorities & GovernmentRegulation & PolicyRules & RegulationGreen MarineMethanolTransitionVesselsRigsSurveys & InterventionsVessels & VehiclesCollaborationCablingDeepwater InstallationOffshore WindWind FarmsEnergy TransitionRegulations & PolicyEnvironmentShipbuildingBiofuels
Weizhou 11-4 oilfield adjustment and satellite fields development project; Source: CNOOC
Business Developments & Projects

New oilfield development project comes online offshore China

China National Offshore Oil Corporation (CNOOC) has brought on stream an oilfield adjustment and satellite fields development project in the Beibu Gulf Basin of the South China Sea, off the coast of China.

about 10 months ago
Mozambique LNG
Business Developments & Projects

Lion’s share of lenders reaffirms backing: TotalEnergies’ Mozambique LNG moves forward post‑force majeure

France’s energy giant TotalEnergies has shed more light on the financing of its multibillion-dollar liquefied natural gas (LNG) project off the coast of Mozambique in the wake of the UK Export Finance (UKEF) and Atradius exits. The project is getting back into the groove after a years-long hiatus.

about 10 months ago
FLNG Nguya; Source: Eni
Business Developments & Projects

Eni begins next chapter of its giant Congo LNG project

Italy’s oil and gas giant Eni has kicked off the second phase of its liquefied natural gas (LNG) project ahead of schedule off the coast of Congo, Africa.

about 10 months ago
Illustration; Source: North Sea Transition Authority (NSTA)
Business Developments & Projects

13 UK operators fall behind on their decom duty with 153 wells in arrears

Great Britain’s regulator, the North Sea Transition Authority (NSTA), has signaled its readiness to tackle the decommissioning deficit on the UK Continental Shelf (UKCS) by revealing the names of operators that are lagging behind their peers in the decommissioning department.

about 10 months ago
Auramarine's advanced fuel supply systems will be delivered for three new RoPax vessels ordered by Finnlines; Source: Auramarine
Business Developments & Projects

Finnlines RoPax vessel trio to sport Auramarine methanol fuel supply systems

Auramarine, Finland’s fuel supply systems provider, has been tasked with providing a methanol fuel supply system (FSS) for three new Hansa Superclass roll-on/roll-off passenger (RoPax) vessels ordered by Finnlines, a compatriot shipping player.

about 10 months ago
Rig move; Courtesy of ABL Group
Business Developments & Projects

Stage set for unified oil & gas rig moving service in Red Sea and Gulf of Suez

ABL, part of Oslo-listed global consultancy group ABL Group, has shaken hands with Egypt’s Petroleum Marine Services Co. (PMS) on the launch of a unified rig moving service in the Red Sea and Gulf of Suez, with the support of the Egyptian General Petroleum Corporation (EGPC).

about 10 months ago
Courtesy of Centrica
Business Developments & Projects

15-year offtake tasks UK firm with LNG supply mission on Honduras’ Caribbean coast

UK-based energy player Centrica has landed a multi-year liquefied natural gas (LNG) assignment in Honduras, a Central American country in the northern part of North America.

about 10 months ago
Rendering of Argentina LNG project; Source: YPF
Business Developments & Projects

More LNG for Europe as Germany’s SEFE takes steps to secure gas from South American player

Germany’s Securing Energy for Europe (SEFE) has set the wheels in motion to enrich its liquefied natural gas (LNG) arsenal with another multi-year LNG supply agreement, which has been signed with Argentina’s Southern Energy, in a bid to further strengthen Europe’s energy security.

about 10 months ago
Grain LNG; Source: National Grid
Business Developments & Projects

£1.5 billion enables UK-US pair to get their hands on Europe’s giant LNG terminal

Centrica and U.S. investment firm Energy Capital Partners (ECP), part of Bridgeport Group, have brought into their fold a liquefied natural gas (LNG) terminal in Kent County, United Kingdom.

about 10 months ago
Map showing Hornsea Three wind turbine array and export cable corridor locations
Business Developments & Projects

Scour protection installation coming up at Hornsea Three OWF site

Installation of scour protection on wind turbine foundation locations at the Hornsea Three offshore site in the UK is set to commence in mid-December. The work will be undertaken by DEME using its rock installation vessel Flintstone, equipped with a fallpipe and flexible bucket system. The vessel is

about 10 months ago
IMO Assembly
Business Developments & Projects

IMO picks Council members but Net Zero Framework hiatus raises red flag for potential fragmentation of shipping decarbonization

The Assembly of the International Maritime Organization (IMO), a specialized agency of the United Nations responsible for regulating and improving international shipping, has elected Member States to serve on three categories of the IMO Council. Meanwhile, EmissionLink’s Managing Director has warned

about 10 months ago
Eastern Pacific Shipping (EPS)
Business Developments & Projects

12-vessel newbuild deal brings Chinese shipbuilder up to $1.6 billion

China’s shipbuilding player Hengli Heavy Industries has received a newbuilding order for 12 vessels with Singapore-based Eastern Pacific Shipping (EPS).

about 10 months ago
Man pointing at offshore platform
Business Developments & Projects

TotalEnergies and Chevron fortify oil & gas ties with Nigerian farm-out deal

France’s energy giant TotalEnergies has strengthened its oil and gas bonds with the U.S.-headquartered Chevron by inking a deal to divest a partial stake in two exploration licenses off the coast of Nigeria to Star Deep Water Petroleum Limited, a Chevron company.

about 10 months ago
Tallink's MyStar vessel; Source: Gasum
Business Developments & Projects

Gasum’s FuelEU Maritime pool another vessel richer as Tallink turns to bio-LNG

Gasum, a Nordic gas sector and energy market player, has struck a pooling and liquefied biomethane (bio-LNG) deal with Elenger, said to be the largest privately owned energy company in the Baltic-Finnish region and Tallink’s fuel provider. This enables a shuttle vessel to run on bio-LNG and yield ad

about 10 months ago
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